
Hemet, California 92543
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $349,900—positioned well below the $363,934 Fair Market Value by 3%. This valuation gap offers $14,034 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a new roof, fresh paint, and updated flooring, this home provides immediate peace of mind. The extra-wide sideyard with pull-through gate access adds significant utility for storage. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 832 E Stetson Subject | $349,900* List Price | 2 | 1 | 884 | $412 | - |
A 1027 Griffith Sold | $400,000 | 3 | 1 | 912 | $439 | 0.9 mi |
B 548 W Montrose Sold | $400,000 | 3 | 2 | 1,027 | $389 | 0.9 mi |
C 1115 S Thompson Street Sold | $395,000 | 2 | 1 | 792 | $499 | 0.1 mi |
D 1126 Lucerne Sold | $405,000 | 2 | 2 | 1,216 | $333 | 0.4 mi |
E 608 S Buena Vista Sold | $390,000 | 2 | 1 | 952 | $410 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1970, the property qualifies as excellent due to comprehensive recent renovations (<5 years) including a fully remodeled bathroom with modern tiling, new vinyl plank flooring, fresh interior/exterior paint, and a brand-new roof currently being installed.
The property is in turn-key condition featuring new interior and exterior paint, new vinyl plank flooring, and a fully remodeled bathroom, making it an ideal move-in-ready starter home.
The inclusion of a brand-new roof (currently in progress) and a new garage door provides immediate value and saves the buyer from major upcoming capital expenditures.
The lot features an extra-wide sideyard with a pull-through double gate, offering rare and convenient access for boat, trailer, or RV parking.
At only 884 square feet with a 2-bedroom, 1-bathroom configuration, the home's small footprint may limit its appeal to growing families or those needing more space.
Built in 1970, the property may have original underlying systems such as plumbing or electrical that could require future updates despite the recent cosmetic improvements.
They say there aren't any affordable homes in good condition on the market BUT this home proves them all wrong! Check out this cute starter home featuring new paint inside & out, new vinyl plank flooring throughout, remodeled bathroom complete with a tiled shower and new vanity, a new garage door, and even a new roof coming soon! The seller is in the process of having the home re-roofed. This lot even features an extra wide sideyard with a pull-through double gate, perfect for boat/trailer parking and great access to the rear yard. The southern location provides quick and easy access to Domenigoni Pkwy and is close to shopping, dining, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 884 | 1,410 | 6% |
| Lot Size | 6,534 | 6,534 | 50% |
| Price | $349.9K | $423.0K | 24% |
| Price per sq ft | $396 | $290 | 90% |
| Built year | 1970 | 1977 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 177 | 1% |
May 27, 2026
$349,900
Initial Listing
Oct 7, 2008
$65,500
Public Record
Oct 12, 2005
$240,000
Public Record